Immatics Stock Market Value
| IMTX Stock | USD 10.79 0.79 6.82% |
| Symbol | Immatics |
Immatics NV Valuation
Is Immatics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Immatics. If investors know Immatics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Immatics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.23) | Revenue Per Share 1.128 | Quarterly Revenue Growth (0.91) | Return On Assets (0.12) | Return On Equity (0.43) |
The market value of Immatics NV is measured differently than its book value, which is the value of Immatics that is recorded on the company's balance sheet. Investors also form their own opinion of Immatics' value that differs from its market value or its book value, called intrinsic value, which is Immatics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Immatics' market value can be influenced by many factors that don't directly affect Immatics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Immatics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Immatics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Immatics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Immatics 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Immatics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Immatics.
| 08/04/2023 |
| 10/03/2023 |
If you would invest 0.00 in Immatics on August 4, 2023 and sell it all today you would earn a total of 0.00 from holding Immatics NV or generate 0.0% return on investment in Immatics over 60 days. Immatics is related to or competes with Pearson PLC, Constellation Brands, John Wiley, Vita Coco, Scholastic, and CanSino Biologics. Immatics N.V., a clinical-stage biopharmaceutical company, focuses on the discovery and development of T cell receptor b... More
Immatics Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Immatics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Immatics NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.011166) | |||
| Maximum Drawdown | 10.83 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 5.26 |
Immatics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Immatics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Immatics' standard deviation. In reality, there are many statistical measures that can use Immatics historical prices to predict the future Immatics' volatility.| Risk Adjusted Performance | (0.010598) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.1569 | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Immatics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Immatics in the context of predictive analytics.
Immatics NV Backtested Returns
Immatics NV holds Efficiency (Sharpe) Ratio of -0.023, which attests that the entity had -0.023% of return per unit of risk over the last 3 months. Our standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Immatics NV exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please check out Immatics Risk Adjusted Performance of (0.010598), market risk adjusted performance of (0.14), and Standard Deviation of 2.62 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.5758, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Immatics returns are expected to increase less than the market. However, during the bear market, the loss on holding Immatics will be expected to be smaller as well. Even though it is essential to pay attention to Immatics NV current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Immatics NV exposes fifteen different technical indicators, which can help you to evaluate its performance. Immatics NV has an expected return of -0.0616%. Please make sure to check out Immatics variance and skewness to decide if Immatics NV performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Immatics NV has insignificant reverse predictability. Overlapping area represents the amount of predictability between Immatics time series from 4th of August 2023 to 3rd of September 2023 and 3rd of September 2023 to 3rd of October 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Immatics NV price movement. The serial correlation of -0.17 indicates that over 17.0% of current Immatics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Immatics NV lagged returns against current returns
Autocorrelation, which is Immatics stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Immatics' stock expected returns. We can calculate the autocorrelation of Immatics returns to help us make a trade decision. For example, suppose you find that Immatics stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Immatics regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Immatics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Immatics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Immatics stock over time.
Current vs Lagged Prices |
| Timeline |
Immatics Lagged Returns
When evaluating Immatics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Immatics stock have on its future price. Immatics autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Immatics autocorrelation shows the relationship between Immatics stock current value and its past values and can show if there is a momentum factor associated with investing in Immatics NV.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Immatics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Immatics' short interest history, or implied volatility extrapolated from Immatics options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Immatics NV using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Immatics Correlation, Immatics Volatility and Immatics Alpha and Beta module to complement your research on Immatics. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Immatics Stock analysis
When running Immatics' price analysis, check to measure Immatics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Immatics is operating at the current time. Most of Immatics' value examination focuses on studying past and present price action to predict the probability of Immatics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immatics' price. Additionally, you may evaluate how the addition of Immatics to your portfolios can decrease your overall portfolio volatility.
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Immatics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.